Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
Lido (LDO), the liquid staking protocol for Ethereum (ETH) and Polygon (MATIC), experienced a significant price surge in the last 24 hours following the long-awaited approval of spot Ethereum ETF applications by the U.S. Securities and Exchange Commission (SEC) on Thursday. The protocol’s native token, LDO, has successfully climbed back to $2.30 and is attempting … Read more
According to a Bloomberg report, Sam Bankman-Fried, co-founder of the FTX cryptocurrency exchange, has been relocated to a temporary detention facility in Oklahoma. This transfer occurred despite a federal judge’s request to keep him in New York to assist with his appeal. Bankman-Fried is currently dealing with the repercussions of his conviction for orchestrating a … Read more
On Thursday, the SEC made history by approving eight spot Ethereum ETFs from major institutions such as BlackRock, Franklin Templeton, Fidelity, and VanEck. Although these approvals mark a significant regulatory shift, trading can’t begin until the S-1 registration statements are approved, which could take several weeks. These ETFs are anticipated to draw billions in capital, … Read more
The price of meme-inspired cryptocurrency Dogecoin ($DOGE) has increased significantly during the last week by more than 10%. The increase in activity is ascribed to the increased interest signaled by whales, or huge investors. IntoTheBlock, a blockchain analytics startup, revealed that DOGE whale transactions—transactions worth more than $100,000—nearly doubled in value in a single day … Read more
The cryptocurrency landscape in Hong Kong is experiencing significant shifts following the recent announcement that OKX, a leading global cryptocurrency exchange, is withdrawing its application for a Virtual Asset Service Provider (VASP) license. OKX will cease to provide trading services to local residents by May 31, marking a significant turning point for the local market. … Read more
Recent research indicates that the size of airdrops has a surprisingly minimal effect on token price performance. Contrary to the widespread belief that larger token distributions cause significant price movements, multiple studies reveal that this is not typically the case. Less Influential Airdrop Size on Price Movement In the world of cryptocurrencies, airdrops—a technique for … Read more
On Friday, May 24, 2024, the Dogeverse (DOGEVERSE) presale is nearing its conclusion, with the final opportunity for participation ending at 10 am UTC on June 3, 2024. This is the last chance for investors to enter this distinctive multi-chain project, featuring the $DOGEVERSE meme token, which has already garnered over $15 million, highlighting its … Read more
Ripple CEO Brad Garlinghouse is facing substantial criticism for his remarks about Tether, stating, “The U.S. government is going after Tether, that is clear to me.” Garlinghouse made these comments during the May 10 episode of the World Class podcast while discussing the potential for a future black swan event. In response, Tether CEO Paolo … Read more
JPMorgan predicts that newly approved spot Ethereum exchange-traded funds (ETFs) will likely start trading before the November US presidential elections, highlighting the growing political significance of cryptocurrencies. This outlook follows the unexpected approval of eight spot Ethereum ETFs by the US Securities and Exchange Commission (SEC) on May 23, marking a significant shift from the … Read more
Dabba, a decentralized physical infrastructure network (DePIN) aimed at providing affordable wireless data access to underserved populations, has announced the launch of its second campaign, allowing users worldwide to purchase Wi-Fi hotspots. This initiative follows a successful testnet phase that distributed over 1,500 hotspots to rural and semi-urban areas in India. The latest campaign will … Read more